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But as consumers expectations change and technology and business evolve, theres no denying the potential. trillion in 2028. Build trust: Offering local currency also increases consumer confidence. Local Payment Methods Increase conversions: Payment preferences can vary widely depending on the region.
As consumer demands continue to evolve, and competition is hotter than ever, retailers are embracing innovative solutions to stay ahead. billion in 2028. ** AI in retail has a wide range of applications, including: Predictive analysis that helps retailers use the insights in their data to plan for the future. billion in 2021 to $31.38
billion in 2028. ** AI in retail has a wide range of applications, including: Predictive analysis that helps retailers use the insights in their data to plan for the future. Payment options – Frictionless checkout means making the payment process as smooth as possible and giving customers a range of ways to pay.
Among other reasons, the rising trends of online shopping, contactless payments, QR code use, click-and-collect, increased software integrations, and a stronger reliance on data are expected to strengthen the cloud POS market through the foreseeable future. billion by 2028, registering a CAGR of 24.5% from 2020 to 2028.
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